BlackRock MuniYield Michigan Quality Fund, Inc. (NYSE:MIY – Get Free Report) declared a monthly dividend on Friday, June 5th. Investors of record on Tuesday, September 15th will be given a dividend of 0.0545 per share by the financial services provider on Thursday, October 1st. This represents a c) annualized dividend and a yield of 5.3%. The ex-dividend date of this dividend is Tuesday, September 15th.
BlackRock MuniYield Michigan Quality Fund Stock Up 0.3%
BlackRock MuniYield Michigan Quality Fund stock traded up $0.04 during midday trading on Friday, reaching $12.26. The company’s stock had a trading volume of 68,470 shares, compared to its average volume of 59,394. The business has a 50-day simple moving average of $12.37 and a 200-day simple moving average of $12.19. BlackRock MuniYield Michigan Quality Fund has a fifty-two week low of $11.07 and a fifty-two week high of $12.90.
About BlackRock MuniYield Michigan Quality Fund
BlackRock MuniYield Michigan Quality Fund (NYSE: MIY) is a closed-end management investment company that seeks to provide current income exempt from federal and Michigan personal income taxes. The fund primarily invests in investment-grade municipal securities issued by state and local governments within Michigan. Its portfolio typically includes a diversified mix of general obligation bonds and revenue bonds backed by public utilities, transportation projects, and other essential municipal services.
The fund’s investment strategy emphasizes credit quality and diversification across sectors and maturities.
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